This article summarizes the top insider buys and sells from Thursday, January 16, 2025, for US stocks.
Top Buys:
STAAR Surgical Company (NASDAQ:):
Broadwood Partners, a significant shareholder of STAAR Surgical Company, continued to demonstrate confidence in the ophthalmic goods manufacturer by purchasing additional shares. Neal C. Bradsher, President of Broadwood Capital, Inc., which acts as the general partner of Broadwood Partners, directly holds 25,900 shares. These transactions reflect Broadwood’s ongoing commitment to the medical technology sector. STAAR Surgical, with a market capitalization of $1.08 billion, maintains a healthy gross margin of 79% and is scheduled to report its next earnings on February 19, 2025.
PBF Energy Inc. (NYSE:):
Control Empresarial de Capitales S.A. de C.V., a major shareholder linked to the prominent Slim Family of Mexico, purchased 100,000 shares of PBF Energy’s Class A common stock. The acquisition, valued at approximately $2.86 million, was executed at an average price of $28.62 per share. This transaction increases Control Empresarial’s holdings in PBF Energy to 28,984,998 shares. The stock currently trades at $30.48, showing a 15.75% gain over the past week, with InvestingPro analysis indicating a “GOOD” overall financial health score for the company.
North European Oil Royalty Trust (NRT):
Howard Richard Page, a trustee of North European Oil Royalty Trust, acquired 5,000 units of beneficial interest at $4.9399 per share, totaling approximately $24,699. Following this purchase, Page now holds 275,000 shares directly in the $45 million market cap trust. NRT trades at a P/E ratio of 9x and boasts a 49-year track record of consecutive dividend payments. The trust currently maintains a “GREAT” financial health score, though technical indicators suggest the stock may be overbought.
York Water Co (YORW):
Joseph Thomas Hand, CEO and President of York Water Co, purchased 311.975 shares of common stock at $31.253 per share, amounting to $9,750. This acquisition was part of York Water’s dividend reinvestment plan. The company, with a $448 million market cap, has maintained dividend payments for 51 consecutive years with 28 years of consecutive raises. York Water recently announced a 4% increase in its quarterly dividend to $0.2192 per share, marking its 616th consecutive dividend.
United Fire Group Inc. (UFCS):
Micah G. Woolstenhulme, Senior Vice President and Chief Risk Officer of United Fire Group Inc., acquired 2,500 shares at an average price of $19.201 per share, totaling $48,002. UFCS, valued at $675 million, appears undervalued with a GOOD financial health rating and trades at a P/E ratio of 13.6x. The company has maintained a 52-year streak of consecutive dividend payments, currently yielding 2.4%.
Top Sells:
Rubrik, Inc. (RBRK):
Arvind (NS:), an insider at Rubrik, Inc., executed a series of sell-to-cover transactions to satisfy tax obligations related to the vesting and settlement of Restricted Stock Units (RSUs). Following these transactions, Arvind’s direct ownership of Rubrik’s Class A Common Stock stands at 219,279 shares.
C3.ai, Inc. (NYSE:):
CEO Thomas Siebel sold 665,432 shares of C3.ai’s Class A Common Stock, generating approximately $20.88 million. Concurrently, Siebel acquired 665,432 shares through stock option exercises at $1.86 per share. These transactions were conducted under a previously established Rule 10b5-1 trading plan. C3.ai maintains a strong market capitalization of $4.17 billion and has achieved impressive revenue growth of 21.73% over the last twelve months.
ThredUp Inc. (NASDAQ:):
Patricia Nakache, a director of ThredUp Inc., sold shares worth approximately $2.77 million over several days in January. The sales were executed through various Trinity Ventures funds, where Nakache holds a management position. ThredUp, currently valued at $248.6 million, has seen its stock surge over 68% in the past week.
Insmed Inc (NASDAQ:):
William Lewis (JO:), Chair and CEO of Insmed Inc, sold shares amounting to $2.71 million at prices ranging from $69.39 to $71.05 per share. Lewis also acquired shares through option exercises valued at approximately $500,855. These transactions were conducted under a pre-established 10b5-1 trading plan. Insmed’s stock has delivered a 147% return over the past year.
Airbnb, Inc. (ABNB):
Joseph Gebbia, a director and significant shareholder of Airbnb, Inc., sold 214,285 shares valued at approximately $27.63 million. The transactions were executed under a pre-established Rule 10b5-1 trading plan. Airbnb currently maintains a market capitalization of $82.48 billion and trades near its 52-week high.
Investors should stay tuned to insider buys and sells as they can provide valuable insights into a company’s prospects. While insider transactions alone should not be the sole basis for investment decisions, they can offer clues about management’s confidence in the company’s future performance. However, it’s crucial to consider these moves in conjunction with other fundamental and technical analysis factors before making any investment choices.
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